Slide 1: 2020 Nine-Month Sales and Financial Data
2020 NINE-MONTH SALES AND FINANCIAL DATA October 26, 2020 Listen to the audiocast (available on October 26 at 9:00 pm), click here
Slide 2: Disclaimer
2020 NINE-MONTH SALES AND FINANCIAL DATA DISCLAIMER Some of the statements contained in this document may be forward- looking statements concerning Groupe SEB's financial position, results, businesses, strategy or projects. Groupe SEB considers that such statements are based on reasonable assumption
Slide 3: Contents
CONTENTS 1. 9-month 2020 performance 2. Focus on businesses 3. Review by geography 4. Outlook 5. Appendix 3 26/10/2020 Nine-month sales and financial data
Slide 4: 9-Month 2020 Performance
01 9-MONTH 2020 PERFORMANCE 4
Slide 5: 9-month and Q3 2020 sales
9-month and Q3 2020 sales Sales €4,712m -6.7% Q3: €1,797m, +4.4% Consumer Professional €4,284m -3.4% €428m -31.6% Q3: €1,675m, +9.9% Q3: €122m, -39.4% LFL changes 5 26/10/2020 Nine-month sales and financial data
Slide 6: Key figures
Key figures Q3 9 months €1,797m €4,712m Sales +1.1% +4.4% LFL -7.9% -6.7% LFL Operating Result €221m €324m from Activity +24.4% +44,2% LFL -20.4% -6.5% LFL Net debt €1,971m at 30/09/2020 -€488m vs 30/09/2019 incl. an IFRS 16 impact of €293m 6 26/10/2020 Nine-month sales and financial data
Slide 7: Analysis of 9-month sales growth, 2019 to 2020
Analysis of 9-month sales growth, 2019 ➔ 2020 In €m 5,114 -341 -110 4,712 +49 Organic Currency Scope growth effect -6.7% -2.2% +1.0% -7.9% 9 months 9 months 2019 2020 7 26/10/2020 Nine-month sales and financial data
Slide 8: Currency impact on 9-month 2020 sales: -€110m
Currency impact on 9-month 2020 sales: -€110m In €m 5 0 -5 -10 -15 -€110m -20 Q1: +€3m Q2: -€23m -25 Q3: -€90m -30 -35 CHF OTHER EGP JPY CAD UAH KRW ARS TRY RUB CNY BRL PLN USD MXN COP 8 26/10/2020 Nine-month sales and financial data
Slide 9: Focus on Businesses
02 FOCUS ON BUSINESSES 9
Slide 10: Q3 back to growth in a volatile year
Q3 back to growth in a volatile year 20,0% LFL sales growth (% vs. 2019) 9,9% 10,0% 4,4% CONSUMER 0,0% -3,2% -3,4% PRO -10,0% -8,4% -6,7% -9,7% -17,3% -16,5% -20,0% GROUP TOTAL -30,0% -31,6% -40,0% -39,4% -43,4% -50,0% Q1 Q2 Q3 9 months 10 26/10/2020 Nine-month sales and financial data
Slide 11: Covid crisis impacts on consumer and retail
Covid crisis impacts on consumer and retail CONSUMER BEHAVIOURS EVOLUTION IN RETAIL ACCELERATION GRADUAL RECOVERY OF E-COMMERCE OF OFFLINE CHANNELS ▪ Pure player websites, Drop in traffic but better SHIFT TO HOME ESPECIALLY IN global and national conversion rate and higher CONSUMPTION COOKING ▪ Mark
Slide 12: Consumer product lines: 9-month sales change vs 2019, LFL
Consumer product lines: 9-month sales change vs 2019, LFL 9-month Consumer sales: €4,284m 10,0% 5,0% Excl. China +1.8% 0,0% - 3.4% -5,0% Personal Electrical Home Food Cookware care cooking comfort preparation -10,0% LKA* -15,0% Linen care Beverage Home care -20,0% Cooking categories ~ 3/4 of Consume
Slide 13: Focus on Professional
Growth vs Q1 2020 Q2 2020 Q3 2020 9m 2020 9m 2020 LY % LFL LFL LFL LFL as reported Focus on Professional Professional -9.7% -43.4% -39.4% -31.6% -27.3% 9-month sales: €428m ▪ ~10% of 2019 Group revenue ▪ High 2019 comps in for Professional Coffee Machines (PCM) due to large deals ▪ PCM sales severel
Slide 14: Review by Geography (Consumer)
03 REVIEW BY GEOGRAPHY (CONSUMER) 14
Slide 15: 9-month 2020 sales by geography, LFL – Consumer
9-month 2020 sales by geography, LFL – Consumer AMERICAS EMEA ASIA €584m / -3.1% €2,118m / -1.4% €1,582m / -6.2% +12.2% +10.8% +7.6% +6.0% -8.6% -7.5% -10.4% -17.4% -26.9% Q1 Q2 Q3 Q1 Q2 Q3 Q1 Q2 Q3 All sub-continents posted positive LFL growth in Q3 15 26/10/2020 Nine-month sales and financial data
Slide 16: EMEA 9-month sales: €2,118m
Growth vs Q3 2020 Q3 2020 9 months 2020 9 months 2020 EMEA LY % LFL as reported LFL as reported Western Europe 9-month sales: €2,118m +9.4% +9.4% -4.2% -4.2% Other EMEA +19.2% +6.7% +6.1% +0.7% countries Western Europe, LFL ▪ Positive market momentum in Western Europe ➔ Continued strong +9.4% restoc
Slide 17: Americas 9-month sales: €584m
Growth vs Q3 2020 Q3 2020 9 months 2020 9 months 2020 LY % LFL as reported LFL as reported AMERICAS North America +8.6% +18.0% -0.1% +4.2% 9-month sales: €584m South America +15.0% -14.8% -8.3% -27.5% North America, LFL ▪ Increased FX headwinds in Q3 +8.6% ▪ Still difficult health situation in the c
Slide 18: Asia 9-month sales: €1,582m
Growth vs Q3 2020 Q3 2020 9 months 2020 9 months 2020 ASIA LY % LFL as reported LFL as reported China +3.9% +0.1% -8.9% -10.7% 9-month sales: €1,582m Other Asian +12.4% +7.6% +3.8% +2.7% countries China, LFL +3.9% +10.2% ▪ Favorable trend in Chinese cookware market in Q3. Waning Chinese SDA market o
Slide 19: Outlook
04 OUTLOOK 19
Slide 20: 2020 Outlook
2020 Outlook 1. Overall environment severely impacted by the COVID-19 crisis. Caution still applies given the resurgence of the epidemic 2. FY-2020 sales • Annual sales to contract by around 5% to 6% on a LFL basis • Negative currency effect of €200-€250m. • Some normalization in demand for the Cons
Slide 21: Appendix
SEB APPENDIX 05
Slide 22: 9-month 2020 sales by region
9-month 2020 sales by region Other Asia Emerging countries Mature countries 9% 46% 54% Western Europe 37% China 26% €4,712m €4,712m -6.7% LFL -6.7% LFL South America 4% Other EMEA 13% North America 11% 22 26/10/2020 Nine-month sales and financial data
Slide 23: 9-month 2020 sales
9-month 2020 sales In €m 9 months 9 months 9 months Q3 2020 As reported 2019 2020 2020 LFL LFL EMEA 2,180 2,118 -2.9% -1.4% +12.2% Western Europe 1,586 1,520 -4.2% -4.2% +9.4% Other countries 594 598 +0.7% +6.1% +19.2% AMERICAS 630 584 -7.4% -3.1% +10.8% North America 400 417 +4.2% -0.1% +8.6% South
Slide 24: Q3 2020 sales
Q3 2020 sales In €m Q3 2020 Q3 2019 Q3 2019 Q3 2020 As reported LFL LFL EMEA 779 846 +8.6% +12.2% +7.1% Western Europe 553 605 +9.4% +9.4% +2.4% Other countries 226 241 +6.7% +19.2% +21.7% AMERICAS 268 286 +6.7% +10.8% +11.6% North America 176 208 +18.0% +8.6% +11.2% South America 92 78 -14.8% +15.0
Slide 25: Glossary
Glossary On a like-for-like basis (LFL) – Organic Net debt The amounts and growth rates at constant exchange rates and consolidation scope in a This term refers to all recurring and non-recurring financial debt minus cash and cash given year compared with the previous year are calculated: equivalent
Slide 26: Contacts
Investor/Analyst relations Media Relations Groupe SEB Groupe SEB Financial Communication Corporate Communication Dept and Investor Relations Dpt C O N TA C T S Cathy Pianon Isabelle Posth Anissa Djaadi Raphaël Hoffstetter cpianon@groupeseb.com iposth@groupeseb.com adjaadi@groupeseb.com rhoffstetter@
Slide 27: Agenda: 2021 key dates
2021 key dates January 21 | after market close Provisional 2020 sales AGENDA February 25 | before market opens 2020 sales and results April 22 | after market closes Q1 2021 sales and financial data May 20 | 15:00 Annual general meeting July 23 | before market opens H1 2021 sales and results October